EUR/USD Going for a short!Hey, I am back after great weekend with another Forex Idea.
Last week has been really great, make sure you check my previous Forex ideas and hit that "play" button the see the outcomes I have succesfuly predicted and profited from and hopefully you had too, so make sure to follow me for more 😉.
EUR/USD has saw a good rise, but now this pair has finally shown some bearish signs from which I think, a good short entry can a good trade here!
The key thing that needs to happen now, is that price has to break the uptrend, which from the bearish candlesticks and RSI, resistance failed test is likely to happen any time soon.
Once again a good risk reward ratio here of 3:1.
Don't forget to follow me, to not miss out on a good trade opportunities😉
Each "agree" is very much appreciated! 🙌
Major
DXY ANALYSIS, TRADE IDEA FOR OTHER MAJOR CURRENCIESSince this is NFP us traders have to be careful with what trades we get into. Although if my analysis is correct we can catch some nice movements during NY sessions, Asian sessions, or London sessions. As of the beginning of the week I was bearish on the dollar and caught some very clean price action. I still am bearish to some degree. I want to see the DXY possibly for NY session trade into this Order block I have highlighted and drop down. It's important to note that the open of the Order I have highlighted was the close of a Bearish Daily Order block. For me these are confluences that the market will respect this order block and drop. If the market takes out this 4hr Order block we should see a run to that volume imbalance that I have highlighted. During this time of the year the dollar makes initial lows and makes a run to the upside throughout the summer so I would like to catch the lows and look for some short opportunities on major currencies in the long run.
USDJPY. The dollar price will drop to a key level.Hello dear subscribers!
The price of the Dollar has reached a strong level of resistance.
This means that the currency will not grow further.
The price will fall and it has two targets.
Good luck to you!
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This idea does not provide the financial advice.
EURUSD. The price of the Euro will fall, but not much!Hello dear subscribers!
The price of the Euro has reached a resistance level,
it has reached its peak, the same was 2 months ago.
The price will roll back in 2 stages and reach a key level.
However, the price, contrary to analysis,
may resume its growth, carefully!
Good luck to you.
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This idea does not provide the financial advice.
EURUSD. The growth of the Euro currency continues!Hello dear subscribers!
The dollar is weakening against many currencies every day,
the price of the Euro will continue to rise to the resistance level until the close of targs this week,
if you have a currency, then do not sell, if not, then there is no sense in buying,
because the profit will be not really great.
Then the price will roll back.
Good luck to you!
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This idea does not provide the financial advice.
USDCHF. The weakening of the national currency of USA?Hello dear traders!
The price of the dollar is likely to fall.
The global pandemic is not over yet,
there is also the likelihood that there will be a second wave of infection soon,
the national currency will weaken accordingly,
and this is the Dollar.
Good luck to you.
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This idea does not provide the financial advice.
USD/CAD Bilateral Triangle BrokenGood Day :) Hope everybody is having a great trading week so far (That's if you've been following my analysis) wink*
Technical Analysis: USD/CAD
Bias: Bearish - On the 4-Hour timeframe price action has created a descending triangle pattern. The support zone of the descending triangle pattern has now broken. We will wait for price action to retest the broken support zone that could act as a possible resistance zone for an entry.
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Trade safe & have a great trading week :)
GBPUSD. The fall will continue to the level of support.Hello dear subscribers!
Already for 1 month the price has been falling.
This downtrend will continue to the level of support.
Good luck to you.
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This idea does not provide the financial advice.
GBPUSD iDEA !This is just an iDEA not a TRADE setup !
Personnally , if I'm right i will wait for the completion of the pattern before executing any trade !
Harmonic Patterns are not enough to taste consistency (and high win %) !
You should have a complete strategy that tells you :
>> when to get in ;
>> how long to stay in;
>> when to get out;
>> And what to do in bad scenarios;
_i can tell you that books will help you to reach your dream strategy !
_But if you want to save time and effort > contact me <.
EURUSD. A price drop is inevitable.Hello dear subscribers!
The price of the Euro is now at a key level,
the price will try to stabilize,
but this level will not help the price stop falling.
The price will fall and two targets are marked on the chart.
Good luck to you.
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This idea does not provide the financial advice.
NZDUSD.The price of the NewZealand dollar will continue to rise?Hello ladies and gentlemen.
The price of the American dollar will recover from such a shock.
The price may reach a key level, and then it will go down.
Good luck to you.
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This idea does not provide the financial advice.
EURUSD. The price of Euro will stop growing?Hi dear subscribers!
The price of the dollar has fallen sharply compared to other currencies.
The growth will continue to the Sell zone,
after which the price will roll back,
because the Central Bank of the States will do everything possible to strengthen the national currency.
Target at a key level. Good luck to you.
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This idea does not provide the financial advice.
EURUSD. Target is a key level.Hello dear subscribers!
In the previous chart for this currency varu,
the price rose precisely to the desired target.
At the moment, the price will be subject to volatility.
If you bought a currency at the support level,
then do not rush to immediately sell it,
the price will reach a key level.
Good luck to you.
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This idea does not provide the financial advice.